The rand has been bouyed by the creation of the Government of National Unity, which is good news for house price inflation.
The rand has strengthened substantially this year, which should be good news for house price inflation.
The party has since formed a Government of National Unity with several other parties, including the DA, IFP, Good, PA, FF Plus and PAC. John Herbst, CEO of Fine & Country Sub-Saharan Africa , said that currency strength intersects with domestic house price inflation. A stronger domestic currency boosts purchasing power, which entices foreign investment and drives demand for high-end properties.
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